Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
Weitz Short Duration Bond ETF
$24.61+0.04 (+0.18%) past 5 days
Market opens at 9:30 AM ET.
- 0.45%
- $7M
- 0M sh
- $24.61
- low $24.52high $25.14
The ETF.net WSDB Grade
D
Score 38 out of 100
- 102 of 117
Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D26 out of 100Rank 83 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 19 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D38 out of 100Rank 83 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C40 out of 100Rank 88 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F22 out of 100Rank 108 of 117
Our read on WSDB
DWeitz has run this short-duration credit playbook from Omaha since 1988. WSDB is the ETF version: active bond picking across credit qualities, with a duration target of one to three and a half years.
The Fund seeks current income while preserving capital.
Why people hold it
- The ticker is new, the strategy isn't. Weitz has run this short-duration approach since 1988, when it started as a mutual fund, backed by a multi-billion-dollar bond platform.businesswire.com
- Duration stays short by design: a target average effective duration of one to three and a half years, muting price swings from rate moves versus intermediate and long bond funds.stockanalysis.combusinesswire.com
- Actively managed across the credit spectrum, from Treasuries and agency mortgages to corporate and securitized paper, aiming for current income while preserving capital.sec.gov
Worth knowing
- Costs 0.45% a year, above the typical bond fund in its cohort and far above index giants like BND, SPAB and SCHZ at 0.03%. Active credit work is the thing you're paying for.
- A 2026 launch with a small asset base and light trading, so bid-ask spreads can matter more than the expense ratio on a single trade.
- Short duration trims interest-rate risk, not credit risk: reaching into lower-rated corporate and securitized debt brings downgrade and default exposure.stockanalysis.comsec.gov
WSDB Holdings
- Bonds
- 100
- 48%
- Bbh Sweep Vehicle
WSDB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
WSDB$9,958
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | WSDB |
|---|---|
| Year to date | — |
| 1 month | −0.2% |
| 3 months | −0.4% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | WSDB |
|---|---|---|
| 2026 YTD | +0.2% |
WSDB in the news
WSDB Dividends
- $0.08 per share
- Monthly
Distribution data unavailable.
Distribution history
WSDB Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WSDB Cost
0.45%
WSDB0.45%
- The middle half of US Aggregate Bond funds
- Median 0.34%
79 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- DBAMBBrookstone Intermediate Bond ETFExpense ratio 0.95%1 year return −3.4%
- DCRXPColumbia Core Plus Bond ETFExpense ratio 0.48%1 year return —
- DAGGHSimplify Aggregate Bond ETFExpense ratio 0.55%1 year return −2.0%
- DLSCPThe Natixis Loomis Sayles Dynamic Core Plus ETFExpense ratio 0.39%1 year return —
- DLSTBNatixis ETF Trust Natixis Loomis Sayles Total Return Bond ETFExpense ratio 0.39%1 year return —